Ghana’s Affinity Africa wants you to carry a full-fledged bank in your pocket
Mobile money accounts are widely used in Ghana, reducing the need for traditional banks. Kofi Dotse, a Ghanaian entrepreneur, has not visited a bank in years, preferring mobile money for transactions.
Digital Banking Revolution: Affinity Africa’s $8M Funding Transforms Financial Access”
Affinity Africa secured $8 million in seed funding to revolutionize banking access in Africa. The platform has grown its customer base to over 50,000 users since launching in Ghana in October 2024.
Affinity Africa Raises $8M to Revolutionize Banking in Africa
Affinity Africa raised $8 million in an oversubscribed seed funding round. The funding round was led by Grazia Equity and BACKED VC.
